GM To Repay Loans Early

General Motors is expected to announce tomorrow that it is repaying $5.8 billion in loans to the U.S. and Canadian governments early. The deadline is in June.

This could pave the way to an Inital Public Offering (IPO) of stock in the "new" GM and the U.S. government getting out of the car business.

Full story at The Detroit Free Press.

GM Supports Mandatory "Black Boxes" In All Vehicles

When the government owns a majority stake in General Motors, you kinda have to expect this stuff:

GM says it's in favor of legislation making "Black Box" event data recorders mandatory in all cars.

Full story at The Detroit News.

You Own GM; Will You Drive GM?

David Lazarus of the Los Angeles Times asks the question: Now that we (U.S. taxpayers) now own 60% of General Motors, shouldn't we be driving GM cars? What message does it send if we don't? His column and the answers he gets from Southern California drivers, here.